Christie Mu
Christie Mu

Posted on

Reddit signs content licensing deal with AI company ahead of IPO

Reddit has signed a contract allowing an Artificial Intelligence (AI) company to train its models on the social media platform's content.

Reddit has told prospective investors that it signed the deal, worth $60 million on an annualized basis, earlier this year.

The agreement, signed with an "unnamed large AI company", could be a model for future contracts of a similar nature.

Discussion (2)

firesquid profile image
Jeremy Beckler

Reddit is pulling out all the stops to be as “appealing” as possible to investors, while simultaneously not caring one bit about their users who got them there.

cherri profile image

unnamed large AI company

So OpenAI or Anthropic? Who else is a large AI company that could actually have the funds to do this?